This year, FCF, Inc., has earnings before interest and taxes of $10,300,000, depreciation expenses of $1,200,000, capital

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This year, FCF, Inc., has earnings before interest and taxes of $10,300,000, depreciation expenses of $1,200,000, capital expenditures of $1,600,000, and has increased its net working capital by $575,000. If its tax rate is 25%, what is its free cash flow?

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Fundamentals Of Corporate Finance

ISBN: 9781292437156

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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